Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, revealing fluctuations across several major currencies. According to the data, the US dollar stands at a buying rate of 283.9617 and a selling rate o…
KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial stability rating to the Pak Oman Micro Finance Fund, a medium-risk investment vehicle focused on the microfinance sector. This fund aims to offer competitive returns wh…
Karachi: The Pakistan Credit Rating Agency Limited announced that it has upheld the entity ratings of Engro Elengy Terminal (Private) Limited (EETPL), reinforcing the company’s robust business profile as the pioneering LNG terminal operator in Pakista…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the medium risk rating for MCB DCF Fixed Return Fund III, maintaining the stability rating for the investment fund. The Fund, designed to provide a fixed return to its Unit Holders…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alhamra Government Securities Fund (AHGSF), maintaining its medium risk profile. The decision reflects the fund’s strategic focus on Shariah-complian…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the MCB DCF Fixed Return Fund II, which continues to be classified under a moderate risk profile. The Fund aims to deliver a fixed return to its unit ho…
Karachi: VIS Credit Rating Company Limited has reassured the financial stability of Meezan Bank Limited by reaffirming its entity ratings at ‘AAA/A-1+’ (Triple A/A-One Plus). This decision highlights the bank’s highest credit quality and negligible ri…